What a lot is once again being written about the coming demise of the US dollar. The German Handelsblatt, for example, publishes an immense smorgasbord of arguments under the title “World currency on call: Why the US dollar is more endangered than ever before”. …
The British Economist is considered the serious business newspaper par excellence. Anyone who wants to read fundamental, albeit conservative, ideas on economics and economic policy cannot avoid dealing with the Economist. The publisher even has an “Intelligence Unit” that offers data and analyses that are supposed to meet scientific standards. …
New data from the German Federal Statistical Office make it clear to even the last doubter: the short phase of high price increases is a thing of the past and the complete normalisation of the trend at the consumer level is only a matter of a few months. …
Based on what it calls a data-based approach, the ECB raised interest rates once again on May 4, 2023. This time it is “only” 0.25 percentage points, but the ECB emphasizes in its statement that there are “ongoing high inflation pressures” …
